Rubin Denied Bail

Ira Rubin, one of the defendants accused of money laundering and bank fraud in the Black Friday indictments, was denied bail today.

Stuart Meissner, Rubin’s lawyer, said that Rubin intends to stay in the US to face the charges, even though he could face up to 30 years in prison.

Meissner argued it was a waste of taxpayers’ money to imprison Rubin before his trial as he intended to face the charges. However, the judge said that Rubin intended to obtain a fake passport and flee to Guatemala or Thailand and sent him back to detainment.